SINGAPORE – Singapore wants to arrange for the subsequent section of progress within the digital economic system to emerge stronger from the Covid-19 pandemic, mentioned Minister of Communications and Info S. Iswaran on Tuesday (Nov 3).
Mr Iswaran highlighted a three-pronged technique to take action throughout his opening deal with on the GSMA Thrive Asia Pacific, a three-day cell community business digital occasion.
The technique contains laying robust foundations for the digital economic system by investing in digital infrastructure, constructing worldwide governance frameworks for freer movement of data and guarding in opposition to the opening of a digital divide by strengthening the digital capabilities of our enterprises and folks.
“As digital know-how continues to evolve, we should maintain a eager eye on the subsequent sure of improvement. To this finish, Singapore is investing in the nationwide development of a secure and resilient 5G communications network,” Mr Iswaran mentioned.
Final yr, the Authorities pledged $40 million to kick-start 5G innovation. And by the tip of this yr, 1,000 positions in 5G experience are to be created through an initiative introduced in Sept from a partnership between the Infocomm Media Improvement Authority (IMDA) and cell community operators.
Past 5G, Mr Iswaran mentioned Singapore has been constructing capabilities in frontier areas similar to synthetic intelligence (AI) and the Web of Issues (IoT).
“These rising applied sciences (AI and IoT) have important potential to enhance lives, improve productiveness and open new fields for progress,” he mentioned.
As well as, Singapore ought to facilitate freer movement of knowledge in order that worldwide commerce can proceed to flourish, and its individuals can stay related globally, added Mr Iswaran.
As an illustration, Singapore has been an early advocate of digital economy agreements (DEAs) – treaties that set up digital commerce guidelines and digital economic system collaborations between two economies.
Up to now, Singapore has signed DEAs with New Zealand, Chile and Australia. Talks are ongoing with South Korea.
“Lastly, as we transfer in the direction of an more and more digital world, we have now to protect in opposition to the emergence of a digital divide. We should be sure that nobody is left behind on this digital transformation of our economies and societies,” Mr Iswaran mentioned.
To this finish, the SG Digital Office was established in June. It has mobilised greater than 1,000 digital ambassadors to assist micro-enterprises undertake e-payment options and teach seniors digital skills.
The Authorities can also be working intently with business companions to speed up the creation of tech and tech-related jobs whereas investing in upgrading individuals’s abilities by way of traineeships.
Small and medium-sized enterprises have entry to funding to help them in adopting digital options. Enhanced help schemes have additionally been enacted to help the susceptible segments of society, together with lower-income households.
“We wish to be sure that each enterprise – regardless of its measurement – and each citizen – regardless of his or her background – can take part meaningfully within the new post-Covid-19 financial and social surroundings,” mentioned Mr Iswaran.